Posted by ProfitMan > 2015-04-11 10:37 | Report Abuse

Dunknow, happy to help out. Yeah, Matrix weekly mails are very useful and provide useful lessons on stock trading in a real life scenario.

Posted by kikiewew > 2015-04-11 11:01 | Report Abuse

My first post in TCB house but a follower here... would like say my thanks to Matrixcool for the generous sharing and guidance in the e-mail alert.And my gratitude to TCB who are willing to give help and advice to the newbie.

Happy week-end to all.

Posted by ProfitMan > 2015-04-11 17:59 | Report Abuse

Anastasia Alexie, not necessary that 35K is the amount you owe the trade but its the total value of the stock that you have traded during that period. Some of your trades could have been settled previously and your current amount owing could be less than the 35K. I hope that is what you were enquiring. Have a good weekend.

Posted by ProfitMan > 2015-04-11 18:12 | Report Abuse

kikiewew, thank you for your comments. Have a nice weekend.

Posted by Anastasia Alexie > 2015-04-11 18:36 | Report Abuse

ProfitMan, that is the answer to the question asked. The next thing I will do this Monday, is to meet my dealer and clear everything else.

Have a fruitful weekend!

Love this forum even more than before! :D

Posted by matrixcool > 2015-04-11 20:12 | Report Abuse

Dunknow, JJ, thanks for your kind words.

Thanks everyone for the good wishes. Sorry I can”to reply your email individually. Your kind thought is appreciated.

Hopefully all of you will make more money when I am away. I will do my utmost best to try to update my stocks when the opportunity arises.

Happy Trading !!

Posted by Dunknow > 2015-04-11 20:35 | Report Abuse

Yeah,matrixcool...i always believe that gratitude & appreciation is the best motivation in anything :D

Do enjoy & don't worry about us....hahaha,u have the most dedicated team to guide us....

Happy holiday.........Don't forget passport ya.... ;)
Cheerrrrrrrrrrr

Posted by Anastasia Alexie > 2015-04-11 22:56 | Report Abuse

Good evening TCB,

Please look up Perdana.

Thank you.

Posted by Anastasia Alexie > 2015-04-12 02:32 | Report Abuse

TCB,

I am asking for guidance again.

If I bought 3000 unit at RM 500, later I gain around 8%, meaning I get 8% per each 1000 unit or 8% for all 3000 unit?

Sweet Dream.

Posted by kk8888 > 2015-04-12 10:34 | Report Abuse

HI TCB, i hv few question here

1)you choose highest volume candle as your support & resistance, do you have time range like the highest volume candle appear within 3 month or 6 month or 1 year?
2) once it break the resistance is that the best timing to enter? Anything we need to put aware?
3) after break the resistance and it show positive sign, how do we determine our TP ?

thanks

Posted by tsy88 > 2015-04-12 10:51 | Report Abuse

Dear TCB/Dunknow

Good morning. Have a nice weekend with loved ones and friends.

Posted by johnny cash > 2015-04-12 11:11 | Report Abuse

Dear TCB, Please TA on sasbadi, thanks

Posted by tsy88 > 2015-04-12 11:12 | Report Abuse

Inwest88 ... good morning. Wishing you and family an enjoyable weekend. Nice to hear from you !! Have no doubt you are doing well in your trading....cheers!!

Posted by novice8 > 2015-04-12 11:17 | Report Abuse

morning anastasia!! i would like to share with you what i know for your second posted question above..

you have 3000units bought at Rm500 per lot. so your question of 8% return on-
8% of 1000units= Rm500*8%= Rm40 gain per lot
8% of 3000units=Rm500*3lots*8%= Rm120

so it is actually the same. after all, you are getting the same return of Rm120 should you sold all of the holdings :)

Posted by novice8 > 2015-04-12 11:28 | Report Abuse

tq dunknow for the raising of support/ stop loss level question and profitman for your generous sharing of information and experience on it! tq!! happy weekend to everyone!

Posted by tsy88 > 2015-04-12 12:34 | Report Abuse

Dear TCB ... appreciate your Ta analysis on the following :

1. Sealink
2. Pansar
3. Ilb
4. Azrb

Thanks in anticipation.

Posted by Lz Lee Weiping > 2015-04-12 14:16 | Report Abuse

MainBesar - Genetec
On daily chart is has the pattern of a Descending triangle with a immediate support level of 0.19 and the next support level is 0.165. Resistance level at 0.215 and 0.235. Judging on the declining volume I would expect a breach in the support level of 0.19, and consolidate. To be bullish again it needs to overcome the resistance level of 0.26, which is the peak of the triangle. Stop-loss if 0.165 is violated.

michaelwoo - Takaso
It's currently trying to overcome it's downtrend resistance line, on 22/01 it breaks out of the line but unfortunately get pull back again on 29/01. Support level at 0.51 and 0.47. Resistance level at 0.56 and 0.605. If it's able to maintained above 0.56, it will challenge the next resistance level. Stop-loss if 0.47 is violated.

Posted by ProfitMan > 2015-04-12 14:28 | Report Abuse

Anastasia, novice8 is right. The 8% gain works out to be the same for 1,000 or 3,000 units. If you have bought those 3,000 at various prices, then you will just average out your cost over the 3,000 units and a gain of 8% on the average cost would also work out to be the same for 1,000 or 3,000 units.

Novice8, thank you for your ever willingness to help out. Appreciate it greatly.

Posted by Dunknow > 2015-04-12 14:50 | Report Abuse

Good day tcb,Tsy....
Have a nice weekend,let's the bull run again tmr,k....

Posted by Dunknow > 2015-04-12 14:52 | Report Abuse

Good afternoon novice8....let us learn together with tcb....and my thanks to tcb for their willingness to share their knowledge and experience....

Posted by Dunknow > 2015-04-12 14:56 | Report Abuse

Hi Profitbro.....wanna kacau u again....as u guide us earlier,there is 4 stages in market....when the stock enter the 2nd stages which is bullish,is it possible for them to pull back to stage 1?how often this will happen?or after 2nd stages,how long they will stay there before stage 3 take place which is volatile?many sorry to kacau u in this wonderful weekend and many thanks for assist us.....kam Siah....

Posted by novice8 > 2015-04-12 15:55 | Report Abuse

profitman! its my pleasure!
dunknow! you're right!

Posted by Anastasia Alexie > 2015-04-12 16:18 | Report Abuse

Thank you.

Forgot to mention bought price. Luckily ProfitMan added extra thought.
To get average is total price/total share, is it?

May I know what you think of Perdana?

I bought it for long term, will it reach it's TP?

Posted by inwest88 > 2015-04-12 20:11 | Report Abuse

Profitman, tsy88, Dunknow - I am okay. Just dropped in for a courtesy call. Hope all of you are doing fine.

Posted by Dunknow > 2015-04-12 20:38 | Report Abuse

Inwest88...great to hear that....I m doing fine too...if got times dropby yeah..

Posted by sunlight > 2015-04-12 21:13 | Report Abuse

Hi inwest88,
Good to hear from you too. Thanks dropping by. :)

Posted by sunlight > 2015-04-12 21:17 | Report Abuse

Hi Dunknow,

Apr 12, 2015 02:56 PM

Hi Profitbro.....wanna kacau u again....as u guide us earlier,there is 4 stages in market....when the stock enter the 2nd stages which is bullish,is it possible for them to pull back to stage 1?how often this will happen?or after 2nd stages,how long they will stay there before stage 3 take place which is volatile?many sorry to kacau u in this wonderful weekend and many thanks for assist us.....kam Siah....

*********
I would like to share my thoughts on your question. I will touch a bit also on the characteristics of the 4-stage cycle.
Stage 1 is formed right after a relatively prolonged downtrend. The stock in prior has been going down (stage 4) but now it is starting to trade mostly sideways in tight trading range forming a base. Eventually, it will break out into Stage 2 and begin the trend up where it will form higher highs and higher lows. That is why you can find bullish pattern like double bottoms, inverted head & shoulder, etc. in Stage 1 where once the pattern is confirmed (breakout), it will starts the bullish Stage 2.
Stage 2 will not move back to Stage 1 because by the characteristics of the cycle, Stage 1 happens after downtrend as mentioned above and not otherwise.
There is no definite timing of how long Stage 2 will last but you will know it has ended when it begins to trade sideways moving to Stage 3 as explained below.

When it begins to lose momentum to the upside in Stage 2 after hitting relative new high, it starts to consolidate and trend sideways forming Stage 3. The price movement in this stage can be very volatile. Thereafter, when the stock breaks down, it will moves to Stage 4 downtrend where lower highs and lows will be formed. All traders should avoid this stage. You will find bearish pattern in Stage 3 like Head n Shoulder, rising wedge, double tops, etc. where once the pattern is confirmed (breakdown), it will starts Stage 4. You can see this is the opposite of Stage 1.

Please note that it is possible to have breakout (upward) during Stage 3 instead of breakdown, breaking its previous high and goes back to Stage 2 again. This means that Stage 3 consolidations can either form a top and lead to a Stage 4 decline, or simply a trading range that develops into another Stage 2 advance.

Hope this is not confusing to you. I strongly suggest that you read up (from books or website) the 4-stage cycle to understand better. I believe it will help you to trade wiser and more profitably after understanding the whole cycle better.

Happy Trading…

Posted by michaelwoo > 2015-04-12 21:30 | Report Abuse

Hello Sunlight. Your input on the 4 stages is really awesome. But does the 4 stages has anything to do or related with Fibonacci trend TA reading. Many thanks in advance for your input on this.

Posted by michaelwoo > 2015-04-12 21:40 | Report Abuse

Hello LLW. Thanks for TA reading on Takaso.

Posted by connie > 2015-04-12 21:43 | Report Abuse

hi sunlight ... fabulous explanation on the 4-stage cycle :) honestly, u explained better than the books !!! great read ..

Posted by inwest88 > 2015-04-12 21:44 | Report Abuse

sunlight - good job done by the team. Keep it up.

Posted by kk8888 > 2015-04-12 22:04 | Report Abuse

Hi tcb, pls give me a guide..._/\_
Thx


posted by kk8888 > Apr 12, 2015 10:34 AM | Report Abuse 

HI TCB, i hv few question here 

1)you choose highest volume candle as your support & resistance, do you have time range like the highest volume candle appear within 3 month or 6 month or 1 year? 
2) once it break the resistance is that the best timing to enter? Anything we need to put aware? 
3) after break the resistance and it show positive sign, how do we determine our TP ? 

thanks

Posted by Dunknow > 2015-04-12 22:29 | Report Abuse

Oh sunlight....u r like the sunlight....u shine it through me.....many many thankssssssssssssssssssssssss :D
u make it so simple & easy for me to understand....SuperLIKE!

Happy trading....and gain a lot a lot ya....

Posted by sunlight > 2015-04-12 22:50 | Report Abuse

Hi connie & invest88,
Thanks for your kind comment. We are just doing our best here to help and learn from one another so that we can trade more successfully.

Wishing you and everyone a happy & profitable trading ahead! :)

Posted by sunlight > 2015-04-12 22:51 | Report Abuse

Dunknow, glad it is helpful... :)

Posted by tsy88 > 2015-04-12 23:08 | Report Abuse

Sunlight ... very good explanation offered on the 4 stages. Salute !!

Posted by tsy88 > 2015-04-12 23:15 | Report Abuse

Inwest88 ... am doing fine. Thanks.

Posted by ProfitMan > 2015-04-13 02:06 | Report Abuse

kk8888, there is usually no time limit in selecting the highest volume candle. A lot of judgment is involved in determining the support (S) and resistance (R). We try to look for the recent high volume candles.

When to time your entry into a stock depends on your trading strategy. Some traders like to collect near S levels and scale in when it breaks a strong R or some will only want to move in when it breaks out from a strong R. We usually cross check the breakout to various indicators, be on the look out for price reversal patterns to ascertain the breakout and be prepared in case its a false breakout by setting our stop loss price.

After breaking out from the R, you can use any methods for your TP and below are just some suggested ways:
1. use the next R
2. use Fibo projection
3. decide on how much you want to make on the stock and sell when it hits that price. If a stock is 0.90 and you want make a 0.05 on the stock, you will sell when it hits 0.95.

There will be other ways traders set their TP. The above is some of them.

----------------------------------------------------
posted by kk8888 > Apr 12, 2015 10:34 AM

HI TCB, i hv few question here

1)you choose highest volume candle as your support & resistance, do you have time range like the highest volume candle appear within 3 month or 6 month or 1 year?
2) once it break the resistance is that the best timing to enter? Anything we need to put aware?
3) after break the resistance and it show positive sign, how do we determine our TP ?

thanks

Posted by tsy88 > 2015-04-13 06:19 | Report Abuse

Profitman ....good morning. Wow, you are fantastic, answering queries at the wee hours of the morning!! Do take some time off for some rest...all work and no play makes Profitman a dull boy....ahem !

Posted by tsy88 > 2015-04-13 06:22 | Report Abuse

Good morning TCB/ Dunknow.

Have a great Monday with lots of gains. Happy trading !!

Posted by Dunknow > 2015-04-13 07:36 | Report Abuse

Good morning Profitman,thanks for your continous effort in sharing with us....respect ProfitBro

Posted by Dunknow > 2015-04-13 07:37 | Report Abuse

Good morning TCB
Good morning tsy

Happy Huat arr,Heng Arr,Ong Arr trading yeah

Posted by cbyeoh > 2015-04-13 08:35 | Report Abuse

UOBKH 13/04/15

Stocks to watch:
1) SEALINK INTERNATIONAL; Technical BUY with +33.3% potential return
*Last: RM0.420 Target: RM0.515, RM0.560 Stop: RM0.355
*Timeframe: 2 weeks to 2 months

2) PANSAR; Technical BUY with +24.5% potential return
*Last RM0.490 Target: RM0.560, RM0.610 Stop: RM0.430
*Timeframe: 2 weeks to 2 months

3) BREM HOLDINGS; Technical BUY with +20.7% potential return
*Last: RM1.08 Target: RM1.24, RM1.33, Stop: RM0.995
*Timeframe: 2 weeks to 3 months

Posted by sunlight > 2015-04-13 08:48 | Report Abuse

Hi michaelwoo,
To me, the Fibonacci analysis is one of the method that can be used to determine the support and resistance levels. It is helpful to identify price targets. Hence, learning it will help us to have better entry and exit price.
Others here may have more to input on Fibo.

Happy Trading...

Posted by cbyeoh > 2015-04-13 08:49 | Report Abuse

HLE 13/04/15

Trading Idea - HOMERITZ
HOMERIZ: Building base for further advance
§ An established one-stop upholstered furniture player with over 98% of its products catered for overseas markets.
§ Current share price is 26% below our institutional target price of RM1.54, supported by strong netcash per share of RM0.20 and attractive FY06 estimated dividend yield of 5.2%.
§ A decisive breakout above downtrend line near RM1.18 will spur price higher to retest 52-week high of RM1.23 and later our technical price objective of RM1.31.

Posted by yoda88 > 2015-04-13 08:53 | Report Abuse

tsy88-sealink & pansar

morning tsy88-UOBKH answer tour request. Thanks
UOBKH 13/04/15

Stocks to watch:
1) SEALINK INTERNATIONAL; Technical BUY with +33.3% potential return
*Last: RM0.420 Target: RM0.515, RM0.560 Stop: RM0.355
*Timeframe: 2 weeks to 2 months

2) PANSAR; Technical BUY with +24.5% potential return
*Last RM0.490 Target: RM0.560, RM0.610 Stop: RM0.430
*Timeframe: 2 weeks to 2 months
Happy Trading

Posted by michaelwoo > 2015-04-13 09:00 | Report Abuse

Hi Sunlight. Thanks for your input on Fibonacci TA reading. Anymore input on the issue on Fibonacci Retracement and Extension like how to draw on the charts is much appreciated.

Posted by teyl333 > 2015-04-13 09:23 | Report Abuse

Dear TCB, may I have a reading on Priva? Thanks in advance.

To all here, have a profitable day. Cheersssssss :)

Posted by newinvestor8 > 2015-04-13 11:08 | Report Abuse

Dear TCB,

Need your advice on Redtone.

Thanks in advance.

Posted by ProfitMan > 2015-04-13 12:13 | Report Abuse

tsy88, Dunknow, thanks for your concern and kindness. ....hahaha... I guess old habits of working late is difficult to kick but will have to try.